Jim Leaviss: Navigating the inflation conundrum

Managing rising costs amid myriad macro risks

The next year or so will see significant disinflation around the world.

While there are clearly some inflationary forces in the economy at the moment, these will be by far overtaken by the huge fall in demand and energy prices which we have seen over the last few months. Buyers back ex-Woodford trust as Schroders sets out short- and long-term plans Oil prices actually turned negative in March, so we shouldn't be surprised to see very low inflation numbers, at least until we all come out of lockdown. Looking into 2021, a rebound in inflationary forces is likely, most importantly simply due to the so-called "base effect" of low oil prices. The ultra-l...